Canadian National Railway Company (CNI)

Canadian National Railway Stock Forecast

Stock Price Forecast

The 10 analysts that cover Canadian National Railway stock have a consensus rating of "Buy" and an average price target of $122.54, which forecasts a 9.62% increase in the stock price over the next year. The lowest target is $99 and the highest is $178.

Price Target: $122.54 (+9.62%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$99	$122.54	$117.36	$178
Change	-11.44%	+9.62%	+4.98%	+59.23%

Analyst Ratings

The average analyst rating for Canadian National Railway stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	3	3	3	3	2	2
Buy	4	4	4	4	4	4
Hold	4	4	5	6	5	4
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	0	0	0
Total	12	12	13	13	11	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ariel Rosa Citigroup	Citigroup	Strong Buy Maintains $123 → $124	Strong Buy	Maintains	$123 → $124	+10.92%	Apr 30, 2026
Walter Spracklin RBC Capital	RBC Capital	Buy Maintains $160 → $178	Buy	Maintains	$160 → $178	+59.23%	Apr 30, 2026
Brandon Oglenski Barclays	Barclays	Hold Maintains $98 → $99	Hold	Maintains	$98 → $99	-11.44%	Apr 30, 2026
Jonathan Chappell Evercore ISI Group	Evercore ISI Group	Hold Maintains $103 → $108	Hold	Maintains	$103 → $108	-3.39%	Apr 30, 2026
Ken Hoexter B of A Securities	B of A Securities	Hold → Strong Buy Upgrades $117 → $122	Hold → Strong Buy	Upgrades	$117 → $122	+9.13%	Apr 9, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

18.10B

Increased by 4.57%

from 17.30B

Revenue Next Year

18.88B

Increased by 4.33%

from 18.10B

EPS This Year

7.94

Increased by 4.87%

from 7.57

EPS Next Year

8.82

Increased by 11.12%

from 7.94

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	14.48B	17.11B	16.83B	17.05B	17.30B	18.10B	18.88B
Revenue Growth	4.76%	18.17%	-1.63%	1.30%	1.51%	4.57%	4.33%
EPS	6.90	7.44	8.53	7.01	7.57	7.94	8.82
EPS Growth	38.83%	7.83%	14.65%	-17.82%	7.99%	4.87%	11.12%
Forward PE	-	-	-	-	-	19.37	17.43
No. Analysts	-	-	-	-	-	24	24

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029	2030	2031
High	19.3B	20.6B
Avg	18.1B	18.9B
Low	17.2B	17.9B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030	2031
High	11.6%	14.0%
Avg	4.6%	4.3%
Low	-0.3%	-1.1%

EPS Forecast

EPS	2026	2027	2028	2029	2030	2031
High	8.43	9.71
Avg	7.94	8.82
Low	7.55	8.28

EPS Growth

EPS Growth	2026	2027	2028	2029	2030	2031
High	11.4%	22.3%
Avg	4.9%	11.1%
Low	-0.3%	4.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.